Fibonacci Analysis: Fibonacci analysis evaluates the short term (30 days) intermediate term (60 days) and long term trends (120 days) and retracements. Stocks that retrace 38.2% or less of a trend will usually continue the trend. Retracements exceeding 61.8% indicate a reversal. Alerts will include ABC's up/down (multiple 38% retracements) and various reversal signals.
Time FrameTrend38.2%50%61.8%
Long 5.07 to 8.48 . . 5.14 (97.95%)
Intermediate 5.07 to 8.48 . . 5.14 (97.95%)
Short 8.48 to 5.15 5.36 (6.31%) . .